Stocks

[93henfan]

Has the Fed ever raised rates and then immediately LOWERED rates in successive meetings?

That would seriously spook the markets. Won't happen.

[CAA Flagship]

Has the Fed ever raised rates and then immediately LOWERED rates in successive meetings?

1980 was an interesting year.
(Carter Administration )

https://www.newyorkfed.org/markets/stat ... drate.html" onclick="window.open(this.href);return false;

[Ivytalk]

Has the Fed ever raised rates and then immediately LOWERED rates in successive meetings?

Dunno, but that measly 25-basis point hike the Fed finally approved has nothing to do with the market tanking, and reversing it wouldn't do a damn thing.

[Chizzang]

Every report I've read says the bulk of the drop is related to... (wait for it)

Oil Prices

[AZGrizFan]

Has the Fed ever raised rates and then immediately LOWERED rates in successive meetings?

Dunno, but that measly 25-basis point hike the Fed finally approved has nothing to do with the market tanking, and reversing it wouldn't do a damn thing.

I just think it's funny that they felt they HAD to move rates, and this shit happens immediately after....

[Ivytalk]

Dunno, but that measly 25-basis point hike the Fed finally approved has nothing to do with the market tanking, and reversing it wouldn't do a damn thing.

I just think it's funny that they felt they HAD to move rates, and this **** happens immediately after....

Sucks to be Janet Yellen.

And she's ugly, too.

[bluehenbillk]

Every report I've read says the bulk of the drop is related to... (wait for it)

Oil Prices

And the problems in China - they're moving from a manufacturing to a service economy & their currency is overvalued.

[93henfan]

Has the Fed ever raised rates and then immediately LOWERED rates in successive meetings?

1980 was an interesting year.
(Carter Administration )

https://www.newyorkfed.org/markets/stat ... drate.html" onclick="window.open(this.href);return false;

Hank Williams Jr penned this in 1981:


The preacher man says it's the end of time
And the Mississippi River she's a goin' dry
The interest is up and the stock markets down
And you only get mugged if you go down town

[CAA Flagship]

Dunno, but that measly 25-basis point hike the Fed finally approved has nothing to do with the market tanking, and reversing it wouldn't do a damn thing.

I just think it's funny that they felt they HAD to move rates, and this shit happens immediately after....

I think much of the effect is coming from the end of QE. The latest earnings are being compared to the QE era, which is a difficult hurdle. In addition, the market thought the interest hikes would have begun months ago. I think there may have been a run on stock buybacks leading up to that expected liftoff time. When a company buys back stock, it "falsely" raises their EPS because of the lower number of shares in the equation. Again, this creates difficulty in comps. But if the economy was growing at 3-4%, like it should be doing, all of this would be much less of a problem. Thanks, Obama.

The market will be volatile/sideways for another 12 months. Good for traders, bad for "buy and hold" investors.

[BDKJMU]

Wild last week. Every day seeing triple digit swings..After being down close to 10% on the year are up over 1% in the past week, despite being down 222 today. Still down 8.5% on the year..
http://money.cnn.com/data/markets/dow/" onclick="window.open(this.href);return false;

[Wedgebuster]

Thanks Obama.

[AZGrizFan]

I just think it's funny that they felt they HAD to move rates, and this shit happens immediately after....

I think much of the effect is coming from the end of QE. The latest earnings are being compared to the QE era, which is a difficult hurdle. In addition, the market thought the interest hikes would have begun months ago. I think there may have been a run on stock buybacks leading up to that expected liftoff time. When a company buys back stock, it "falsely" raises their EPS because of the lower number of shares in the equation. Again, this creates difficulty in comps. But if the economy was growing at 3-4%, like it should be doing, all of this would be much less of a problem. Thanks, Obama.

The market will be volatile/sideways for another 12 months. Good for traders, bad for "buy and hold" investors.

Economy hasn't grown consistently in the 3-4% range for about 15 years. 2% is now considered GOOD.

[93henfan]

Bump.

Markets bleed another 2.5%

Dow approaching 400 point drop on the day
S&P500 set for 22 month low closing
NASDAQ on the brink of a declared bear market

[AZGrizFan]

FML. Thanks Obama, you fuckstick.

[93henfan]

FML. Thanks Obama, you fuckstick.

He really needs to bow down again to the Saudi King, maybe stroke his dong a little, and ask them to cut production.

[bandl]

Bump.

Markets bleed another 2.5%

Dow approaching 400 point drop on the day
S&P500 set for 22 month low closing
NASDAQ on the brink of a declared bear market

Buy buy buy! Then when a white president is back in office, prices will skyrocket!

[CAA Flagship]

FML. Thanks Obama, you fuckstick.

[CitadelGrad]

FML. Thanks Obama, you fuckstick.

He really needs to bow down again to the Saudi King, maybe stroke his dong a little, and ask them to cut production.

Wouldn't matter. It isn't entirely a supply issue. Demand has been declining. The declining demand is one of the variables spooking markets. It's just more evidence that a recession is coming in 2016.

[houndawg]

FML. Thanks Obama, you ****.

While you're losing money in a rigged game I'm filling my truck for $25.

All praise be upon him, the compassionate, the merciful...

[Gil Dobie]

Something's going on, gold and silver are inching up again.

[Skjellyfetti]

It's just more evidence that a recession is coming in 2016.

You've been predicting another recession for 6 years now.

Blind pig? Broken clock?

[houndawg]

It's just more evidence that a recession is coming in 2016.

You've been predicting another recession for 6 years now.

Blind pig? Broken clock?

Brawwwwk! Head and shoulders! Brawwwwk!

[∞∞∞]

I think I'm going to wait until the end of February and invest more into the market. Even though it's dipped this year, I'm still up a nice amount from last year at this time. I know diversifying your portfolio is key, but some of the stocks that have done me well are very tempting to invest into 'cause I think they're going to rebound and hit even higher levels.

My 401K is bleeding money so far though. But it'll rebound too.

[ASUG8]

FML. Thanks Obama, you ****.

While you're losing money in a rigged game I'm filling my truck for $25.

All praise be upon him, the compassionate, the merciful...

So you have a mattress full of singles and some Benjamins buried in mason jars in the backyard?

[ASUG8]

I think I'm going to wait until the end of February and invest more into the market. Even though it's dipped this year, I'm still up a nice amount from last year at this time. I know diversifying your portfolio is key, but some of the stocks that have done me well are very tempting to invest into 'cause I think they're going to rebound and hit even higher levels.

My 401K is bleeding money so far though. But it'll rebound too.

Finance 101 - don't try to time the market. A down market is a buying opportunity, so just keep regularly investing .